Gbpjpydaily
GBPJPYTrendline and resistance breakout , and a pull back or we can say market retraced back from the weekly support.
GBPJPY facing bearish pressure, Potential drop to support. GBPJPY seems to be rejecting its resistance, Potential drop.
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Please ensure you fully understand the risks.
GBPJPY approaching support, potential for a bounce!
GBPJPY is expected to drop to 1st support at 144.008 where it could potentially react off and up to 1st resistance at 139.609.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY Market Outlook | Daily Forex Market BreakdownGBPJPY
As anticipated we have has a slight push up to 142.00 If we maintain under 142.00 we should push down to retest support of the current range of consolidation. Like GU this is lookin like a good short.
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 140.9144 where it could potentially rise further to 141.7024.
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GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 140.9144 where it could potentially rise further to 141.4313.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY Market Outlook | Daily Forex Market BreakdownGBPJPY
Same thing as GBPUSD I feel GJ is luring is less experienced traders into taking shorts where we will then pop the the upside whipping them out then rolling over to the downside.
Always keep in mind price always have multiple rejections. At least 2. Theres no missed trade just be patent and wait for another opportunity for an entry. Rarely does price just take off I one directions. At the moment staying away from GJ.
GBPJPY Market Outlook | Daily Forex Market BreakdownLike GBPUSD GJ is looking very good for next week. After an extremely slow week last week I am excited for the next week ahead!
GBPJPY Market Outlook | Daily Forex Market BreakdownGBPJPY
Pushing to the top on consolidation. Like GU I feel we're going to have a big surge to make new highs then it is going to quickly roll over to the downside. I feel it will be key to be patent and alert waiting for the highest quality entry. I feel huge shorts are on the way with this pair.
GBPJPY potential reversal!
GBPJPY expected to rise up to 1st resistance at 141.873 where it could potentially react off and drop down to 1st support at 141.152.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY reversed from resistance, potential drop!
GBPJPY reversed off its resistance at 140.483 where it could potentially drop further to 139.997.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY POSSIBILITY OF NEXT MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
GBPJPY POSSIBILITY OF NEXT MOVE.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
GBPJPY: WK - BEARISH TP - 122.5 - 1500+ Pips #Forex @TradingViewGBPJPY: WK - BEARISH TP - 122.5 - 1500+ Pips #Forex @TradingView
Point A: 148.4
Point B: 126.98
Point C: Entry - 140.0
Point D: TP - 122.5
SL - N/A
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 140.500 where it is could reverse down to its support at 139.089.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPJPY - Update on next moveANALYSIS ON GBPJPY
Welcome to my analysis
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1 Hour Chart
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Interesting Point of interest In the GBPJPY pair.
- Price above 200 day EMA.
- Expecting more move to the upside.
- MACD showing bearish divergence but i can still see one more push to the top.
SELL at top, we should see move to around 144.00 zone.
Stay Tuned
GBPJPY updateAs we see GBPJPY broke out of its 1H channel. Let's hope this moves continues towards the trendline to entry a solid short!
